business

The service, which made a splash with a too-good-to-be true subscription service that let customers watch up to a movie a day in theaters for less than $10 a month, said it planned to shut down as of Saturday.In the summer of 2018, with a monthly cash deficit of $45 million, MoviePass hiked its price to $14.

The company, which is Chinese state-owned, has a contract to provide 846 train cars for the Chicago L.Congress is soon expected to approve legislation that would effectively bar the company from competing for new contracts in the United States, citing national security and economic concerns.

He estimated that 20 percent of his union’s members were in the United States under the temporary protected status program.Natives of the Central American country now constitute 60 percent of beneficiaries of temporary protected status, according to the Congressional Research Service.

VideoDrone strikes set fire to a Saudi Aramco plant in Abqaiq, Saudi Arabia, early Saturday.The Houthis are part of a regional network of militant groups aligned with and backed by Iran, Saudi Arabia’s regional rival.

”CreditCreditTony Gutierrez/Associated PressWhere would you go if you had more than 40 million points with an airline?Gennady Podolsky, a travel agent based in Chicago, was charged on Wednesday with 12 counts of wire fraud in connection with what prosecutors describe as a 13-month scheme in which he accrued 42 million Delta SkyBonus points, valued at more than $1.

The average car loan for both new and used cars continues to rise, to more than $32,000 for a new car and just over $20,000 for a used car, Experian found.“There’s a really large supply of gently used late-model cars,” said Ernest Garcia III, chief executive of Carvana, a start-up that buys and sells used cars online.

Media|14 Million Watched Democrats Debate in HoustonImageThe audience for the primary debate at Texas Southern University on Thursday was outranked only by one of the June debates, which drew 18.Only the NBC News debate in June, which drew 18.

”CreditCreditEric Striffler for The New York TimesWealth management firms, big and small, are being bought at a rapid pace.After all, the value of any wealth management firm comes from the money invested and the fees generated from managing it.

Style|Kanye West’s New Yeezy Shoes Draw Comparisons to Crocs and a ColanderWhite, slip-on and dotted with holes, the unreleased shoes got decidedly mixed reviews after pictures of them emerged.ImageSales of Kanye West’s Yeezy brand are expected to top $1.

ImageThe Area 51 Alien Center tourist attraction is in Amargosa Valley, Nev.ETA wildly popular Facebook joke about “storming” Area 51 inspired plans for an enormous alien-themed party in the Nevada desert.

Most recently this week, Judge Polster signed off on a novel negotiation structure that would bind more than 30,000 local governments nationwide that have not yet filed lawsuits.Notably, no drug manufacturers joined in the request to disqualify Judge Polster, although they have not opposed it.

and Autoworkers in Talks on New Labor ContractImageGary Jones, the president of the United Automobile Workers, is leading the contract talks with General Motors.ETGeneral Motors and the United Automobile Workers were working Saturday to hammer out a new labor agreement in the final hours before their current contract expires.

That low price entitled members to see a movie every day in theaters, including new releases.Three million people signed up for the service and began going to the movies, quickly pushing MoviePass to the brink.

Realizing the limitations of an entirely virtual business model, Casper began opening storefronts and selling products like pillows and sheets.ImageThe chief executive, Philip Krim, said he wanted Casper to be “a destination for all things sleep.